Cashew Exporter Advocates Storage Facilities at Seaports A cashew nuts exporter, Mr Mathew Obot, on Friday appealed to the Federal Government to provide storage facilities at the country’s seaports to enhance preservation of commodities before export. Obot made the appeal in...

FG Says N701b power generation intervention fund Stands The Federal Government (FG) has said that the payment of N701 billion Assurance fund to power Generation Companies (GenCos) still stands. Reacting to a news report that government would discontinue the payment, Permanent...

Customers with prepaid meters hit 1.67m in Q4’18-NBS The National Bureau of Statistics (NBS), has said that the total number of customers with prepaid meters in the country increased marginally to 1.67million customers in the fourth quarter of 2018 (Q4’18),...

CBN launches new cybersecurity guidelines Online fraud and identity theft have gradually become one of the biggest cybersecurity menaces faced by banks and financial institutions today. Against the devastating financial impact of cybercrime, the Nigerian government is focusing its efforts on...

12m bpd U.S. crude output dips Oil Price Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold...

NSE Thumbs up NNPC for Championing Cause of Women Engineers The Nigerian Society of Engineers (NSE) has commended the Nigerian National Petroleum Corporation (NNPC) for its exemplary role in the advocacy of science and engineering-based education for the girl child...